Updated Mar 17, 2026
Clover Capital Partners Acquires 374-Unit Multifamily Portfolio In East Dallas From Institutional Property Advisors
11111 Woodmeadow Parkway
Units
374
Asset Type
MultiFamily
Closing
Mar 13, 2026
About this deal
AI
The transaction involves a 374-unit multifamily portfolio comprising Creekstone and Gable Point, located at 11111 Woodmeadow Parkway in the Dallas market. This portfolio represents a value-add investment opportunity that allows for long-term value creation through operational improvements and strategic capital investments. The properties include a mix of one- and two-bedroom units situated near major employment, retail, and recreational hubs.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: Not specified
- Address: 11111 Woodmeadow Parkway
- Market: Dallas
- Units: 374
- Buyer: Bryan Harlan - Clover Capital Partners
- Broker: Institutional Property Advisors
Clover Capital Partners' acquisition was executed by Bryan Harlan, emphasizing the strategic nature of this investment within a key market area. The deal showcases the involvement of Institutional Property Advisors as the broker, facilitating this significant portfolio transaction.
Players
Dallas MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93